Banks squeeze maximum profit

I have owned an online business for the past 10 years. I import and sell security alarms. The bad news for me and all retailers is the short-term stupidity of bank management. Only 35 per cent of us have a mortgage. Almost 100 per cent of us have a credit card and 99 per cent of my sales are on credit card. Check your credit card statements this year and also check back four years. You can now see how the banks maintain record profits year after year – 20 per cent per annum return on credit cards when banks are paying about 4 per cent.